Vedas’s transaction switching and processing solutions are proven in ACH environments, allowing large volumes of credit and debit transactions to be processed in batches for a range of purposes such as bill payment, payroll management, settlement of taxes and corporate vendor payments.
Increasing automation, decreasing errors
The benefits of electronic ACH payments to merchants, businesses and consumers are evident – they replace cheques or credit card payments, using fewer resources such as paper and ink, while increasing levels of automation and reducing errors.
ACH allows businesses to collect funds faster and minimizes the administration associated with recurring payments, as well as the costs involved with accepting cheques or cards.
Leveraging ACH capabilities
For businesses wanting to put money back into their bottom line, we can advise on how to leverage ACH capabilities to process transactions electronically from a wide range of sources, supporting the major adopted ACH interfacing protocols and compliance.